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Acerinox, S.A. (ACX.MC)

MCE - MCE Delayed Price. Currency in EUR
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12.00+0.77 (+6.90%)
At close: 05:35PM CEST
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Neutralpattern detected
Previous Close11.23
Bid11.99 x 0
Ask11.99 x 0
Day's Range11.19 - 12.03
52 Week Range9.10 - 12.90
Avg. Volume1,473,824
Market Cap3.187B
Beta (5Y Monthly)1.39
PE Ratio (TTM)4.27
Earnings DateN/A
Forward Dividend & Yield0.50 (4.45%)
Ex-Dividend DateJul 01, 2022
1y Target EstN/A
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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      Shares of Spanish steelmaker Acerinox soared on Wednesday after the company reported its highest ever quarterly net profit as strong demand for steel boosted prices. The company posted a net profit of 266 million euros ($280 million), more than three times its result a year earlier, while output was stable at 668,000 tons. Acerinox reported a 59% jump in revenue and earnings before interest, taxes, depreciation and amortisation (EBITDA) up to a record 422 million euros, 2.6 times what it recorded a year earlier.